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Earnings roundup: Delphi, Iomega

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May 9, 2008

Among the earnings stories for Friday, May 9, from AP Financial News:

NEW YORK (AP) -- Auto parts maker Delphi Corp. reported Friday that it lost more money in the first quarter than it did a year ago, but that an expanded credit line will still allow it to emerge intact from bankruptcy protection.

SAN DIEGO (AP) -- Iomega Corp., a maker of data storage devices best known for the Zip drive, said Friday that its first-quarter profit rose, helped by climbing consumer products revenue.

WOODLANDS, Texas (AP) -- Biotechnology company Repros Therapeutics Inc. said Friday its first-quarter loss widened on higher spending for clinical development programs.

NEW YORK (AP) -- Biopharmaceutical company Progenics Pharmaceuticals Inc. Friday said that its first-quarter loss widened on higher research and development, as well as administrative costs.

COPPELL, Texas (AP) -- Mannatech Inc., which makes nutritional supplements and skin-care products, said Friday it swung to a first-quarter loss, hurt by weak sales in North America.

HOUSTON (AP) -- Stewart Information Services Corp., a real estate information and title insurance provider, said Friday its losses during the first quarter were larger than originally reported because of a previously missed charge of $4.6 million.

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